Camping World (NYSE:CWH) Hits New 52-Week Low – Should You Sell?

Camping World Holdings, Inc. (NYSE:CWH) hit a new 52-week low on Monday . The company traded as low as $16.55 and last traded at $16.72, with a volume of 247271 shares traded. The stock had previously closed at $17.76.

Wall Street Analysts Forecast Growth

Several research analysts have weighed in on the company. Bank of America began coverage on Camping World in a report on Thursday, December 19th. They set a “buy” rating and a $30.00 target price on the stock. StockNews.com upgraded Camping World from a “sell” rating to a “hold” rating in a research report on Thursday, November 14th. Finally, Truist Financial raised their target price on shares of Camping World from $26.00 to $28.00 and gave the stock a “buy” rating in a report on Monday, February 10th. Two research analysts have rated the stock with a hold rating and six have given a buy rating to the company’s stock. According to MarketBeat.com, Camping World has an average rating of “Moderate Buy” and an average target price of $27.71.

Camping World Stock Performance

The company has a debt-to-equity ratio of 9.67, a quick ratio of 0.19 and a current ratio of 1.23. The stock’s 50 day moving average price is $21.74 and its 200 day moving average price is $22.48. The company has a market capitalization of $1.67 billion, a P/E ratio of -23.85, a price-to-earnings-growth ratio of 0.92 and a beta of 2.57.

Camping World (NYSE:CWH) last posted its quarterly earnings results on Tuesday, February 25th. The company reported ($0.55) earnings per share (EPS) for the quarter, hitting analysts’ consensus estimates of ($0.55). The firm had revenue of $1.20 billion for the quarter, compared to analysts’ expectations of $1.13 billion. Camping World had a negative return on equity of 23.77% and a negative net margin of 0.40%. As a group, equities analysts expect that Camping World Holdings, Inc. will post -0.66 EPS for the current year.

Camping World Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Thursday, March 27th. Investors of record on Friday, March 14th will be issued a $0.125 dividend. The ex-dividend date is Friday, March 14th. This represents a $0.50 dividend on an annualized basis and a dividend yield of 3.06%. Camping World’s dividend payout ratio is presently -65.79%.

Insider Buying and Selling

In related news, President Matthew D. Wagner purchased 5,725 shares of the stock in a transaction that occurred on Tuesday, March 4th. The shares were bought at an average price of $17.61 per share, with a total value of $100,817.25. Following the acquisition, the president now owns 300,640 shares of the company’s stock, valued at $5,294,270.40. This trade represents a 1.94 % increase in their position. The purchase was disclosed in a filing with the SEC, which is accessible through this hyperlink. 43.80% of the stock is owned by corporate insiders.

Institutional Trading of Camping World

A number of hedge funds and other institutional investors have recently made changes to their positions in CWH. Quest Partners LLC raised its position in shares of Camping World by 5,647.8% in the third quarter. Quest Partners LLC now owns 1,322 shares of the company’s stock worth $32,000 after buying an additional 1,299 shares in the last quarter. Blue Trust Inc. raised its stake in Camping World by 195.0% in the fourth quarter. Blue Trust Inc. now owns 1,534 shares of the company’s stock valued at $32,000 after purchasing an additional 1,014 shares in the last quarter. Mpwm Advisory Solutions LLC bought a new stake in Camping World during the fourth quarter valued at approximately $63,000. Sandia Investment Management LP bought a new position in shares of Camping World in the 4th quarter worth $105,000. Finally, Summit Investment Advisors Inc. lifted its holdings in shares of Camping World by 33.4% during the 4th quarter. Summit Investment Advisors Inc. now owns 5,546 shares of the company’s stock worth $117,000 after acquiring an additional 1,390 shares during the last quarter. 52.54% of the stock is currently owned by institutional investors.

Camping World Company Profile

Camping World Holdings, Inc, together its subsidiaries, retails recreational vehicles (RVs), and related products and services in the United States. It operates in two segments, Good Sam Services and Plans; and RV and Outdoor Retail. The company provides a portfolio of services, protection plans, products, and resources in the RV industry.